One of India’s largest cryptocurrency exchanges has suddenly suspended its services due to the uncertain legal status of crypto assets. Major Indian cryptocurrency exchange Zebpay announced it had stopped all trading due to the country’s banking ban. The official announcement was published Thursday, September 27. Citing “extremely difficult” conditions it encountered attempting to process customer…
From California to Colorado: How the US Regulates Political Donations in Crypto
California Ban of Cryptocurrency Political Donations: What Happened and What Comes Next. On Sept. 20, the crypto community was rattled by the news that California’s political campaign regulator ruled in favor of an outright ban of any and all cryptocurrency donations. It came across as a surprise for many that the progressive state, which is…
Tom Lee: Ethereum Will ‘Rally Strongly’ up to $1,900 by the End of 2019
Tom Lee predicts Ethereum will surge up to $1,900 by the end of 2019, which is 40 percent higher than the coin’s all-time high. Major altcoin Ethereum (ETH) is about to see a “trend reversal and rally strongly” up to $1,900 per token by the end of 2019, according to Fundstrat head of research Tom…
Swiss-Based Asset Management Firm to Introduce Metals-Backed Cryptocurrency
Swiss commodities management company Tiberius Group AG is going to introduce a digital currency backed by metals. Switzerland-based asset management company Tiberius Group AG is going to introduce a cryptocurrency backed by metals, Bloomberg reported September 27. Founded in 2005 as a commodities asset management firm, Tiberius Group manages around $350 million in assets. The…
US House Passes Bill for Task Force to Combat Crypto Use by Terrorists
The U.S. House of Representatives has passed a bill that would establish a task force to combat terrorist use of cryptocurrencies. The U.S. House of Representatives passed a bill on September 26 that would establish a crypto task force to combat terrorist use of cryptocurrencies, public records indicate. House Resolution (H.R.) 5036, which represents an…
India's National Stock Exchange Trials Blockchain E-Voting for Listed Companies
The National Stock Exchange of India is testing a Hyperledger-based blockchain platform developed by Elemential Labs to conduct e-voting. The National Stock Exchange of India (NSE) is testing a blockchain platform developed by Elemential Labs to conduct e-voting for listed companies, local news outlet Hindu BusinessLine reports September 27. The NSE’s pilot will entail tokenizing…
AT&T Launches Suite of Enterprise Blockchain Solutions Using Tech From IBM, Microsoft
AT&T has announced a suite of blockchain solutions to provide security, transparency, and accountability for enterprise customers. U.S. telecommunications giant AT&T has announced the creation of a suite of blockchain solutions designed to work with tech from IBM and Microsoft, according to AT&T’s September 26 press release. AT&T’s blockchain solutions — which will work with…
Austria to Use Ethereum Public Blockchain to Issue $1.35 Bln in Government Bonds
Austria’s government will use the Ethereum blockchain to issue €1.15 billion ($1.35 billion) of government bonds in a Federal Bond Auction. Austria’s government is set to use the Ethereum (ETH) public blockchain to issue €1.15 billion ($1.35 billion) of government bonds in an auction next week, local news outlet Kleine Zeitung reports September 25. Oesterreichische…
BitTorrent ‘Project Atlas’ Integration With TRON Moving Forward, Says CEO Justin Sun
New features of the content sharing integration between BitTorrent and TRON have been released. Decentralized internet startup TRON announced fresh details of its bid to integrate with torrent client BitTorrent in a press release Thursday, September 27, two months after the first plans went public. TRON, which acquired BitTorrent in July for an undisclosed amount,…
Legit vs. Illicit Crypto: North and South Korean Approaches Compared
North and South Korea: divergent political situations and divergent approaches to crypto. South and North Korea may be separated by a border that’s only 2.5 miles wide, but the two nations couldn’t possibly be more different, at least when it comes to crypto. South Korea has emerged over the past few years as one of…